EUR/USD breaks major resistance 1.1470, targets 1.1640/1.1780

As per our analysis EUR/USD has reached previous high 1.14656 after breaking of major resistance 1.12180. It has broken major resistance 1.1470 in Asian session , a jump till 1.1640/1.1780 is possible.

Bullish invalidation only below 1.1380 level and any break below 1.1380 will drag the pair further down till 1.13450/1.1330 in short term.